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09Mar

New CHCDF Report Shows Importance of Affordable Housing, Calls on Congress to Fund Vital Programs

By: NLIHC

Published: March 6, 2017

A Place to Call Home: The Case for Increased Federal Investments in Affordable Housing, a new report released by the Campaign for Housing and Community Development Funding (CHCDF) and NLIHC, compiles the latest research showing how investments in affordable housing boost economic mobility, reduce poverty and homelessness, improve health outcomes, and strengthen the economy. The report includes more than 100 success stories of people and communities that have been positively impacted by federal affordable housing investments funded through HUD and USDA.

NLIHC, which coordinates and facilitates CHCDF, prepared this report in response to the threat of significant budget cuts to HUD and USDA programs in FY18. The report calls for Congress to lift the Budget Control Act spending caps set to resume in FY18, while maintaining funding parity between defense and non-defense programs, and to ensure the highest level of funding possible for affordable housing programs. “There is an overwhelming need for affordable homes in every state and congressional district,” said Elayne Weiss, NLIHC senior policy analyst and principal author of the report. “Cutting investments in affordable housing will only make it harder for people with the greatest needs, including low income seniors, people with disabilities, veterans, and working families with children, to have an affordable and accessible place to call home.”

To read full article, click here.

To read the report, click here. 

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